More Weak Data Puts The Market To Sleep
Today the market received more weak economic data here at home with lower than expected personal spending and Chicago PMI data. This combined with Spain's economy officially in recession put the market …
Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish until May 7th.
The Dow's proximity to its multi-year high gets all the media attention, but the good news for the bulls on Friday was IWM's attempt go lower …
Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish until May 7th.
The Dow's proximity to its multi-year high gets all the media attention, but the good news for the bulls on Friday was IWM's attempt go lower …
Prepared by Geoff Bysshe, President of MarketGauge, filling in for Mish until May 7th.
The Bullish Phases Are Back!
Solid bullish phases are now in place in SPY, QQQ, and DIA. The IWM also put in a nice solid day …
All eyes were on APPL today, but all “they” did was watch!
Apple delivered another blowout quarter, leading to a broad tech rally which put QQQ well over its 50 DMA, and creating an island-like bottom pattern. Curiously, despite all …
All eyes were on APPL today, but all “they” did was watch!
Apple delivered another blowout quarter, leading to a broad tech rally which put QQQ well over its 50 DMA, and creating an island-like bottom pattern. Curiously, despite all …
After hammer candles and possible reversal patterns, all followed through to upside leaving big questions on whether or not the market will head back to bullish phases (all still in warning) or having failed the 50 DMA, begin to test …
After hammer candles and possible reversal patterns, all followed through to upside leaving big questions on whether or not the market will head back to bullish phases (all still in warning) or having failed the 50 DMA, begin to test …
Today, all 4 indexes made hammer candles. This could be significant in that Hammer candlesticks occur when price moves significantly lower after the open, but rebounds to close well above the low. Is the market trying to find a bottom? …
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